While VAT registration is mandatory in the UAE once a business exceeds AED 375,000 in taxable supplies, companies with revenue between AED 187,500 and AED 375,000 can opt for voluntary registration—and in many cases, this is a smart move.
Doing business across GCC borders can be profitable—but it complicates VAT compliance. With the UAE and other Gulf countries implementing VAT, inter-Gulf transactions require careful management to stay compliant.
VAT audits are becoming more common as the Federal Tax Authority (FTA) increases its oversight in the UAE. Many businesses are caught off guard by VAT audits, which can lead to assessments, fines, and stress. Preparation is not optional—it’s essential.
Since the introduction of VAT in the UAE in 2018, many businesses—especially SMEs—still struggle with full compliance.
The traditional, once-a-year audit is evolving. In today’s digital, fast-paced business environment, many organizations are shifting toward continuous assurance—a model where risk monitoring and financial accuracy are evaluated year-round.
An external audit doesn’t have to be stressful—if your business is well-prepared. Avoiding red flags before auditors arrive can ensure a smooth, efficient process and a clean audit report.
Global investors, regulators, and business partners demand more than just a completed audit—they seek assurance-grade reporting that meets international expectations for transparency and accuracy.
In today’s business landscape, high-quality audits are not just regulatory checkboxes—they are strategic tools that build trust with investors and stakeholders.
Internal auditors are not just watchdogs—they are valuable partners in enhancing operational efficiency and governance. For businesses in the UAE, internal auditors provide independent assessments that highlight inefficiencies, redundancies, and compliance risks across various functions.
Internal controls are the backbone of any well-managed business. Yet, many UAE companies—especially fast-growing SMEs—experience control failures that lead to financial losses, fraud, and reputational damage.